**Sydney, Australia** – A consortium led by global investment firm Carlyle Group has offered a private loan to support the buyout of Australian fashion brand Zimmermann. The loan will be used to finance the acquisition of the company by its co-founders, Nicky and Simone Zimmermann, from the Permira funds..
**The Carlyle-led consortium includes:**.
* **Carlyle Global Credit**.
* **Fortress Investment Group**.
* **Ares Management Corporation**.
* **Owl Rock Capital Partners**.
The loan, which is reportedly in the region of **AUD 300 million (USD 220 million)**, will provide the Zimmermann founders with the necessary capital to take back full control of the business they established in 1991. The deal is expected to close in the **fourth quarter of 2023**..
Zimmermann is a leading Australian fashion brand known for its feminine, bohemian-inspired designs. The brand has a global presence with over **500 stockists in 55 countries** and operates **16 flagship stores** across Australia, New Zealand, the United States, and the United Kingdom..
The buyout marks a significant milestone in the Zimmermann brand’s history, as the founders regain full ownership and control of the company they have built over the past three decades..
**Nicky Zimmermann, Co-Founder and Creative Director of Zimmermann**, said: .
